You're right, I'm confused. Sorry.
AHG - Profitable Strategy for Struggling Traders
- Thread starter Anekdoten
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You're right, I'm confused. Sorry.
Anek,
Asumming that your chart is NQ with 1500 vbars, your candles look much, much cleaner than mine.
Could this be based on data feeds?
I'm getting many more closes above/below previous hi/lo.
Perhaps the times when 1500 contracts are collected are different.
Here is ES 4000v chart with perfect illustration of an early trend entry that Anek proposed.
I prefer to use a tape in this retracement area - looking for active buying and placing a stop order to buy a one tick above each bar in that new forming leg.
Several techniques may be helpful to identify eligible area:
- number of bars, for example less that 4 or 5, etc
- closing above 1/3 of the previous swing or maybe 1/2...
I prefer to use a tape in this retracement area - looking for active buying and placing a stop order to buy a one tick above each bar in that new forming leg.
Several techniques may be helpful to identify eligible area:
- number of bars, for example less that 4 or 5, etc
- closing above 1/3 of the previous swing or maybe 1/2...
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